JELD News

The US IPO market began 2017 with a far stronger start than the 1Q16. Momentum continued through the quarter, ending with 25 IPOs raising nearly $10 billion. A diverse set of companies from various sectors went public, ending biotech’s multi-year run as the top contributor to deal flow. The long-awaited debut of Snap’s $3.4 billion IPO, the largest of a US tech company...read more

The star was taken, but the show must go on. Six companies went public this week, but AppDynamics (APPD) was notably missing as Cisco (Nasdaq: CSCO) acquired it for $3.7 billion the night before its scheduled pricing. Cisco paid a 68% premium to the high end of AppDynamics' upwardly-revised IPO range, and handed an 84% return to investors in the Oct./Nov....read more

JELD-WEN Holding, a global manufacturer of doors, windows and treated composite trim and panels, raised $575 million by offering 25 million shares at $23, the high end of the range of $21 to $23. JELD-WEN Holding plans to list on the NYSE under the symbol JELD. Barclays, Citi, Credit Suisse, J.P. Morgan, Deutsche Bank, RBC Capital Markets, BofA Merrill Lynch, Goldman Sachs and...read more

There are eight IPOs scheduled for the week ahead, which would tie the most active week of 2016. Software provider AppDynamics (APPD) leads the pack; as the first unicorn of the year to IPO it sets...read more